Skip to main content

Kal's Option Trade of the Week - TLT Unbalanced Iron Condor

As you are hopefully aware the market has been taking a bit of a beating as of late and volatility has spiked in all the indices. 

But nothing has taken more of a beating this year than Bonds

Bond volatility is thru the roof, and (as a contrarian), I'm hoping we are near the bottom. Instead of doing just a normal Short Put Vertical, today we are going to learn about a new trade: The Unbalanced Iron Condor. 

As you will learn in the video, the reason we would do a trade like this is because we have an extremely strong assumption (in this case that the Bonds will turn around from here). But also, if the Bonds bounce back too far and too fast, we don't want to lose on the upside of an Iron Condor (meaning the Call side). 

So in order to give ourselves the potential to make more money, we are going to make a riskier trade (meaning a Lower POP), but a higher potential reward if we are right on the Bonds bouncing. 

Watch and learn,

Kal :)


Trading Risk Disclaimer 
All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.

Popular posts from this blog

Super Micro's Plunge Sparks Concerns Amidst AI Frenzy

JPMorgan Chase Faces Investor Disappointment Despite Strong Q1 Performance